Electronic System Design Industry Logs 17% Year-Over-Year Revenue Growth in Q3 2021, ESD Alliance Reports
MILPITAS, Calif., Jan. 17, 2022 /CNW/ -- Electronic System Design (ESD) industry revenue increased 17.1% year-over-year from $2,953.9 million to $3,458.1 million in Q3 2021, the ESD Alliance, a SEMI Technology Community, announced today in its latest Electronic Design Market Data (EDMD) report. The four-quarter moving average, which compares the most recent four quarters to the prior four, rose 16.1%.
"The industry reported double-digit year-over-year revenue growth for Q3 2021," said Walden C. Rhines, Executive Sponsor of the SEMI Electronic Design Market Data report. "Geographically, all regions reported double-digit growth, with product categories CAE, Printed Circuit Board and Multi-Chip Module, SIP, and Services also showing double-digit growth."
The companies tracked in the EDMD report employed 51,182 people globally in Q3 2021, an 8.7% increase over the Q3 2020 headcount of 47,087 and up 2.4% compared to Q2 2021.
The quarterly EDMD report contains detailed revenue information with the following category and geographic breakdowns.
Revenue by Product and Application Category – Year-Over-Year Change
About the EDMD Report
For information about SEMI market research reports, visit the SEMI Market Research Reports and Databases Catalog.
About the Electronic System Design Alliance
The information supplied by the ESD Alliance is believed to be accurate and reliable, but the ESD Alliance assumes no responsibility for any errors that may appear in this document. All trademarks and registered trademarks are the property of their respective owners.
View original content to download multimedia:https://www.prnewswire.com/news-releases/electronic-system-design-industry-logs-17-year-over-year-revenue-growth-in-q3-2021-esd-alliance-reports-301461566.html
How Blockchain Enables Decentralized Identity
Virtualization and the Cloud